$2 billion sale of LA Clippers goes through; Ballmer replaces Sterling as owner

Tuesday, August 12, 2014
The Clippers moved on from months of ugliness Tuesday, with Steve Ballmer officially becoming the team's new owner in a record US$2 billion sale that ousted Donald Sterling as the NBA's longest-tenured owner. The team said the sale closed after a Los Angeles court confirmed the authority of Shelly Sterling, on behalf of the Sterling Family Trust, to sell the franchise to the former Microsoft CEO ...

 

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